The federal government is set to award a service boat monitoring agent contract for another 25 years to the Integrated Logistics Services Limited (INTELS) despite being disqualified in the bid process, investigations by Daily Trust revealed.
The contract between the Nigerian Ports Authority (NPA) and INTELS for providing the authority with the service for monitoring boats expired in August 2020. The contract which commenced in 2007 lasted for 13 years.
The NPA is one of the major sources of revenue for the federal government, a development that attracts attention and interest from investors and other stakeholders.
Documents indicating revenue generated by the NPA on service boat operations as sighted by this newspaper indicated that between 2017 and 2019, the Onne pilotage delivered N98.2billion (240 million USD).
The Warri pilotage area generated N116.3 billion ($284 million) between 2014 and 2018, while the Calabar pilotage area brought in N644.5 million ($1.6 million).
Daily Trust investigation had earlier revealed that the federal government lost over N58 billion as the average of what would have accrued to the federation from the contract of service boat operations monitoring agents in four pilot districts in the last year.